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An Unusually High Turnover of Accounts Receivable,which Implies a Very

Question 61

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An unusually high turnover of accounts receivable,which implies a very short days sales outstanding (DSO) ,could indicate that the firm


A) Is very conservative (tough) in its credit policy.
B) Has a very efficient credit and collection department.
C) Offers unusually large discounts.
D) All of the above.
E) Only answers a and b above.

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